Banking & Finance
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Ambler Savings Bank Helps Mattie N. Dixon Community Cupboard Fight Food Insecurity
Food insecurity continues to increase in these pandemic times, and the folks at Mattie N. Dixon Community Cupboard (Mattie Dixon) are here to help. Its annual campaign, with the support of Ambler Savings Bank’s Matching Grant of $5,000, continues to raise funds to fight hunger in our community. Over 375 households are current recipients of…
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Blue Bell PNC Bank to Close Its Doors in March 2022
The Blue Bell PNC Bank at 480 Norristown Road is one of two branches in Pennsylvania slated to close its doors, writes Patty Tascarella for the Philadelphia Business Journal. In addition to the Pennsylvania branch closures, PNC Bank is closing another 16 branches across several other states, including New Jersey, Florida, Maryland, and several others.…
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WSFS Bank: Why This Winter Could Be a Great Time to Get Back into House Hunting
Over the past two years, the real estate market has pivoted many times. Depending on where you live, you might have experienced a hold on the market at the beginning of COVID-19, then there was a slight dip as the unknown of the pandemic loomed, and finally, the market that we have been experiencing this…
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Bala Cynwyd’s Isdaner & Co. Aquire Kennett Square Micro Accounting Firm
Kennett Square-based RW Group, a micro accounting firm of only four employees, is being acquired by Isdaner & Co., a Bala Cynwyd-based midsized accounting and consulting entity. Jeff Blumenthal covered the move for the Philadelphia Business Journal. The acquisition will be completed on January 1. This is Isdaner’s first acquisition in over a decade, with…
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Ambler Savings Bank President & CEO Roger Zacharia Appointed Chairperson of Pa. Association of Community Bankers
Roger Zacharia, President and CEO of Ambler Savings Bank, has been appointed chairperson of the Pennsylvania Association of Community Bankers (PACB). He will serve the year-long term, supporting the organization’s mission to promote the principles of community banking and represent the interests of its members. “My primary focus as Chairperson is advocating for consumers and…
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Citadel Credit Union Hires Phil Sutliff as Head of Business Banking
Citadel Credit Union has hired Phil Sutliff as its Head of Business Banking. Sutliff joins Citadel from Blue Federal Credit Union in Colorado, where he served as the Vice President of Business Banking, and he previously held leadership roles at both Santander Bank and Bank of America. At Citadel, Sutliff will focus on building and…
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King of Prussia CEO Makes Forbes and Savoy Lists for Black Excellence
George Nichols III, President and CEO of The American College of Financial Services, was recently named one of Forbes magazine’s inaugural Cultural 50 Champions, writes Aaron Mudd of Bowling Green Daily News. Nichols, who is a Western Kentucky University graduate, was also named to the Savoy magazine list of 2021 Most Influential Black Corporate Directors…
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Montgomery County Leadership: Jeane M. Vidoni, President & CEO of Penn Community Bank
Jeane Vidoni, the CEO of Penn Community Bank, spoke with MONTCO Today about being born in Cleveland and growing up in Allentown; being inspired by the compassion and tolerance her father displayed as her mother suffered from an untreated mental illness; getting her license and a job on her 16th birthday, and working full-time at…
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‘We’re Quickly Growing Here’: Need for More Elbow Room Prompts Meridian Bank to Purchase Building in Exton
After outgrowing its Malvern headquarters, Meridian Bank has purchased a 32,800-square-foot office building in Exton. The site will be used for the expansion of the financial services company, writes Natalie Kostelni for the Philadelphia Business Journal. Meridian bought 367 Eagleview Boulevard for $3.69 million from Willner Properties, which acquired the site that was vacated by…
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Penn Community Bank and Summit Technology Group Support Local Families for Holiday Season
Penn Community Bank is partnering with Summit Technology Group (STG) to “adopt” a dozen local families this holiday season. The outreach is part of the bank’s annual adopt-a-family program. Team members from both organizations gathered recently to purchase over $10,000 in gifts and holiday essentials for those in need across the region. “Perhaps no time…
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Malvern Bank: Insurance Is ‘Snow’ Joke
Are you ready for winter? For many of us, being prepared for the cold winter months means replacing your warm-weather wardrobe (shorts, swimming suits, short-sleeve shirts) with winter attire (heavy coats, sweaters, snow boots, etc.). But what about your home? According to Covered, an independent insurance agency and digital resource for information on insurance, your…
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Ambler Savings Bank Helps Mitzvah Circle in ‘Filling Gaps’ Between People’s Needs and Government Assistance
With a $5,000 matched-contribution grant from Ambler Savings Bank, Mitzvah Circle was able to raise more than $12,000 to help local families in crisis. The Norristown outreach works to fill the gaps between individual needs and governmental assistance. It helps by answering utilitarian requests for everyday items such as personal care products, children’s car seats,…
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As Presenting Sponsor, Meridian Bank Helps United Way of Chester County Launch First Annual Golf Outing
United Way of Chester County will host its First Annual Golf Outing on April 26 on the lush, picturesque greens of Penn Oaks Golf Club in West Chester. Participants will unite for the worthy cause of contributing vital support to UWCC in its fight for the education, health, and financial stability of every person in…
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McCarthy & Co., Borislow, Factor & Kaufmann Merging, Opening New Office in Blue Bell
Two Montgomery County accounting firms are set to join forces starting on January 1, writes Jeff Blumenthal for the Philadelphia Business Journal. Partners Jeffrey Factor, Kenneth Borislow and Daniel Kaufmann lead their team at Borislow, Factor & Kaufmann, LLC. McCarthy & Co., based in Lafayette Hill, will acquire Blue Bell-based Borislow Factor & Kaufmann for an undisclosed sum. The…
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Malvern Bank’s Mortgage Minute: Best Home Improvements That Will Boost Your Home’s Value
Every year, American homeowners spend more than $400 billion on home renovations. The average home remodel project costs between $3,000 and $25,000, depending on the scale of the renovations. Large-scale and whole-home renovations can go as high as $150,000 from beginning to end. But what are the best home improvements that will increase your home…
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C&N Partners with Carefull, New Service Built to Organize and Protect Older Adults’ Daily Finances
C&N is partnering with Carefull, the first service built to organize and protect older adults’ daily finances, to provide its customers with Carefull’s safe money monitoring technology. In becoming the Financial Caregiving Partner to C&N, Carefull’s artificial intelligence platform will help C&N’s senior customers by analyzing checking, savings, and credit card accounts for more than…
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Malvern Bank Demonstrates Its Commitment to Education by Awarding $20,000 to Five Local Independent Schools
Malvern Bank, National Association has awarded $20,000 in Opportunity Scholarship Tax Credit (OSTC) funds to five local independent schools. The OSTC program, administered by the Pennsylvania Department of Community and Economic Development, provides tax credits to eligible businesses contributing to an Opportunity Scholarship Organization. These contributions are then used by organizations to provide tuition assistance…
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Penn Community Bank Fights Food Insecurity with $20,000 Donation
Penn Community Bank was honored to participate with Rolling Harvest Food Rescue to combat food insecurity throughout Bucks County. Thanks to a $20,000 donation from the bank, the New Hope-based nonprofit will be able to provide fresh produce from local farmers to area hunger-relief sites, like the one in Bensalem, where the donation was dropped…
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